Michael Hudson: The Long Trajectory of Debt Dynamics, Aristocracies, War Finance and Wealth Destruction
Yves here. Michael Hudson, in a recent talk with Glenn Diesen, gives a sweeping historical view of purported democracies and how debt dyanamics not only hurt borrowers ben eventually even lenders too, Hudson also provides fascinating detail such as the role of the Catholic Church in developing war finance. Glenn Diesen: Welcome back everyone. Professor…
